Launches/Assets Raised: More launches planned as environment improves

As the environment improves for hedge funds, more launches are taking place. Pierre de Chillaz, a former partner, senior portfolio [Read More]
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Duke University endowment generates 55.6% return, UNC at Chapel Hill 42.3%, University of Illinois Systems 27.7%

Endowments continue to show their best returns since 1986 due to strength in global equities, private equity and venture capital. [Read More]
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Sightings….

More hedge funds are targeting Paris and recruitment is likely to increase there, according to efinancialcareers.com. Citadel, which opened an [Read More]
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Investcorp takes minority stake in Marblegate

Marblegate Asset Management, which invests in credit opportunities and special situations, disclosed it has entered into a strategic partnership with [Read More]
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Ackman’s 10% stake in Universal Music Group helps generate 15.3% portfolio gain YTD for Pershing Square Holdings

Bill Ackman’s controversial 10% stake in Universal Music Group helped his portfolio surge this week. Ackman disclosed that  Pershing Square [Read More]
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